The Saving Schedule Is Drawn on the Assumption That as Income

question 127

Multiple Choice

The saving schedule is drawn on the assumption that as income increases,

• A) saving will decline absolutely and as a percentage of income.
• B) saving will increase absolutely but remain constant as a percentage of income.
• C) saving will increase absolutely but decline as a percentage of income.
• D) saving will increase absolutely and as a percentage of income.

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